Here’s a fantastic opportunity to secure a high-yielding investment with this fully leased, ground level two-bedroom apartment in the highly sought-after North Melbourne complex. Offering a net rental income of $34,922.21 per annum, this investment guarantees steady returns, with 100% of all building outgoings -including municipal rates, levies, charges including any separate and special rates, all water and sewerage rates, insurance, owners corporation fees and any GST payable – paid in full by RNR.

The lease offers long-term security, featuring four (4) further terms of five (5) years each, providing peace of mind for investors. Since its launch in August 2015, RNR has catered to corporate and leisure guests, offering self-contained, serviced apartments with the added comfort and convenience of luxury hotel services.

Situated just minutes from Melbourne’s CBD, the property is in a prime location for guests looking for easy access to the city’s business and entertainment hubs. The apartment features two spacious bedrooms, an open-plan living and dining area, a fully equipped kitchen, and laundry facilities. Guests can enjoy the secure, self-contained accommodation with the benefit of housekeeping services and additional amenities. The property also includes secure parking and intercom entry, adding to its overall appeal.

With RNR covering all outgoings and a secure lease in place with four (4) further terms of five (5) years each, this apartment provides a net annual rental income of $34,922.21, making it a prime, hassle-free investment opportunity in the vibrant North Melbourne market.